⚖️Shareholders agreement

Legal Terms

It is likely that a shareholders' agreement would be prepared containing the rights and obligations of each party. This could include:

• Amount and terms of investment

• Dividend policy

• Composition of the board of directors

• Reporting - management reports, monthly accounts, annual budgets

• Liquidity (exit) plans

• Rights of co-sale

• Warranties

• Matters requiring venture capitalist approval (such as auditors, employment contracts, major asset purchases, major debt obligations and significant variations of plans).